"Profit Warning" SOLOMON SYSTECH estimates annual profit to drop by 60%-65%

AASTOCKS
2026.03.08 10:42

SOLOMON SYSTECH (02878.HK) issued a profit warning, expecting a profit of between USD 3.5 million and USD 4 million for the fiscal year 2025, a decrease of 60%-65% compared to the previous year. This is mainly due to a decline in gross profit amount caused by a decrease in the average selling price of the group's products, as well as an increase in R&D investment for new products during the year